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(SUMICHEM) Sumitomo Chem complete technical analysis [charts+indicators] | Buy/Sell Sumitomo Chem | (SUMICHEM) share price targets

Complete technical analysis of Sumitomo Chem (SUMICHEM) by charts plus indicators, forecast predictions and share price targets for Sumitomo Chem (SUMICHEM)

10 day averaged volume of Sumitomo Chem is 498898

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	552.85	560.00	565.90	550.55	0.505 times
16 Wed Apr 2025	556.80	555.00	562.15	548.75	0.781 times
15 Tue Apr 2025	555.25	576.85	576.85	550.25	1.399 times
11 Fri Apr 2025	565.25	570.00	574.00	549.05	0.78 times
09 Wed Apr 2025	558.60	563.40	570.40	554.75	0.627 times
08 Tue Apr 2025	559.75	545.10	567.75	545.10	0.871 times
07 Mon Apr 2025	538.20	502.00	542.40	502.00	0.623 times
04 Fri Apr 2025	560.15	573.95	577.80	550.55	0.781 times
03 Thu Apr 2025	572.90	565.00	579.45	560.05	0.764 times
02 Wed Apr 2025	571.05	553.70	575.80	548.35	1.458 times

My analysis of stock is bullish for shortterm, and stock might move up till 565.3 or till 590.4. Use a stoploss of 544.4 and if this stock hits its stoploss, then it can fall down till 523.48

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	475.70
Downside Target	502.00
Downside Target	520.30
Downside Target	537.90
Upside Target	568.95
Upside Target	572.10
Upside Target	574.00
Upside Target	576.85
Upside Target	579.45

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	542.12
Downside Intraday Target	531.38
Upside Intraday Target	570.22
Upside Intraday Target	587.58
Upside Intraday Target	559.48

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	552.85	576.85	576.85	548.75	0.926 times
11 Fri Apr 2025	565.25	502.00	574.00	502.00	0.59 times
04 Fri Apr 2025	560.15	550.05	579.45	548.35	1.117 times
28 Fri Mar 2025	559.35	529.25	568.95	520.30	1.462 times
21 Fri Mar 2025	535.05	482.50	537.90	475.70	2.128 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	552.85	550.05	579.45	502.00	0.866 times
28 Fri Mar 2025	559.35	457.00	568.95	446.20	0.777 times
28 Fri Feb 2025	460.60	506.95	549.00	452.80	0.592 times
31 Fri Jan 2025	511.70	533.95	545.50	457.40	1.714 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sumitomo Chem (SUMICHEM)

Price action analysis of Sumitomo Chem ( (SUMICHEM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sumitomo Chem ( (SUMICHEM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sumitomo Chem ( (SUMICHEM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sumitomo Chem ( (SUMICHEM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sumitomo Chem stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sumitomo Chem in short term but the sell signal is initial and weak.

Sumitomo Chem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sumitomo Chem in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sumitomo Chem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 560.32 and Sumitomo Chem (SUMICHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sumitomo Chem (SUMICHEM) stock. Volume based technical analysis of Sumitomo Chem (SUMICHEM) stock is negative.

Sumitomo Chem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.